Home > Salary > Luxembourg > Managing Director
A Managing Director is a high-level executive responsible for overseeing the operations and strategic direction of a company. They are typically appointed by the board of directors and play a crucial role in setting organizational goals, implementing policies, and ensuring the overall success of the business. The Managing Director leads and manages a team of senior executives, providing guidance and support to achieve financial targets, operational efficiency, and market growth. They are also responsible for building and maintaining relationships with key stakeholders such as clients, investors, and government authorities. This position requires strong leadership skills, business acumen, and the ability to make critical decisions that impact the company's performance and reputation.
Estimated Yearly Salary: 275,333 EUR
Estimated Monthly Salary: 22,944 EUR
Estimated Weekly Salary: 5,295 EUR per week
Estimated Hourly Salary: 132 EUR per hour
Values are pre-tax
Last revision of data: 2025-01-04
Estimated Monthly Salary: 22,118 EUR
Estimated Weekly Salary: 5,104 EUR per week
Estimated Hourly Salary: 128 EUR per hour
Last revision of data: 2024-01-08
Estimated Yearly Salary: 274,900 USD
Estimated Monthly Salary: 22,908 USD
Estimated Weekly Salary: 5,287 USD per week
Estimated Hourly Salary: 132 USD per hour
Difference in salary year over year or average salary increase is approximately
4 %
Data confidence is - relatively high
Data fetched from dabase: 14 submissions.
Results are anonymized. Amounts indicated are pre-tax, meaning no deductionts yet have been made to the basic salary. Salaries where there are less than 3 entries are not displayed.
Want to check how your salary compares? Submit your own salary here
Estimated Yearly Salary: 275,333 EUR
Estimated Monthly Salary: 22,944 EUR
Estimated Weekly Salary: 5,295 EUR per week
Estimated Hourly Salary: 132 EUR per hour
By working as Managing Director a person can save up to 19,260 USD per month or 231,124 USD yearly. Values are pre-tax.
NOTE: These values are estimates and are averaged for the whole country. Furthermore the value is likely exaggerated as no other expenses are taken into account in the projection. Unessential expenses are very subjective and are difficult to assess. Most likely the previously estimated number is significantly lower for majority of people. Expenses in different cities across the country may vary. Above values accuracy is low and is based on limited set of data obtained.
For more information regarding expenses in Luxembourg, see costs of living in Luxembourg.
Estimated Yearly Salary for Managing Director
Last revision of data: 2025-01-04
Data as of 2025
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Managing Director salary in Luxembourg
Average Yearly Salary of Managing Director in Luxembourg is approximately 275,333 EUR (274,900 USD). Data is for 2025 and indicates a pre-tax value. The salary itself depends on multiple factors such as seniority, job performance, certifications, experience or any other bonuses. The value indicated is an average amount based on records we have in database. Real values may vary. The data is for orientational purposes.
What does Managing Director do?
A Managing Director is a high-level executive responsible for overseeing the operations and strategic direction of a company. They are typically appointed by the board of directors and play a crucial role in setting organizational goals, implementing policies, and ensuring the overall success of the business. The Managing Director leads and manages a team of senior executives, providing guidance and support to achieve financial targets, operational efficiency, and market growth. They are also responsible for building and maintaining relationships with key stakeholders such as clients, investors, and government authorities. This position requires strong leadership skills, business acumen, and the ability to make critical decisions that impact the company's performance and reputation.
Skills: Managing Director, Executive Leadership, Strategic Management, Operational Efficiency, Financial Targets, Stakeholder Relations
Job industry: Business
Job industry: Business
How much does Managing Director make?
Salary details
How much does Managing Director make?Estimated Yearly Salary: 275,333 EUR
Estimated Monthly Salary: 22,944 EUR
Estimated Weekly Salary: 5,295 EUR per week
Estimated Hourly Salary: 132 EUR per hour
Values are pre-tax Last revision of data: 2025-01-04Comparing salary to last year:
Estimated Yearly Salary: 265,419 EUREstimated Monthly Salary: 22,118 EUR
Estimated Weekly Salary: 5,104 EUR per week
Estimated Hourly Salary: 128 EUR per hour
Last revision of data: 2024-01-08Managing Director estimated salary in USD
For easier comparison here is an estimated salary in USD:Estimated Yearly Salary: 274,900 USD
Estimated Monthly Salary: 22,908 USD
Estimated Weekly Salary: 5,287 USD per week
Estimated Hourly Salary: 132 USD per hour
Difference in salary year over year or average salary increase is approximately
4 %About these results
Data confidence is - relatively high Data fetched from dabase: 14 submissions.
Results are anonymized. Amounts indicated are pre-tax, meaning no deductionts yet have been made to the basic salary. Salaries where there are less than 3 entries are not displayed.
Want to check how your salary compares? Submit your own salary here
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Salary comparison to National average
Luxembourg is a small landlocked country located in Western Europe. With a population of approximately 633,000 people, it is one of the smallest countries in the European Union. Despite its size, Luxembourg boasts a highly developed economy and is known for its political stability and high standard of living.
Estimated national average yearly salary is 82,992 EUR (91,200 USD). Value indicated is pre-tax. Below graph shows estimated Managing Director job salary compared to average salary in Luxembourg.
Comparison shows that a person working as Managing Director in Luxembourg earns on average:
3.32 times the average salary (or 332% of average salary).
Estimated national average yearly salary is 82,992 EUR (91,200 USD). Value indicated is pre-tax. Below graph shows estimated Managing Director job salary compared to average salary in Luxembourg.
Comparison shows that a person working as Managing Director in Luxembourg earns on average:
3.32 times the average salary (or 332% of average salary).
Is Managing Director a well paid job?
Yes, our data show that Managing Director is a very well paid job. With years and experience the salary might increase even further, resulting in higher satisfaction.What is considered a high salary for Managing Director?
High salary for Managing Director would be somewhere between 302,866 EUR and 399,233 EUR. However this is an estimation based on Gaussian Distribution.How much can you save working as Managing Director in Luxembourg?
Living in Luxembourg the approximate monthly expenses are: 3,648 USD. This amount covers basic needs such as food, housing, clothing, healthcare and education costs for a single person. No luxury expenses such as traveling, leisure, hobbies are included in the estimation.Estimated Yearly Salary: 275,333 EUR
Estimated Monthly Salary: 22,944 EUR
Estimated Weekly Salary: 5,295 EUR per week
Estimated Hourly Salary: 132 EUR per hour
By working as Managing Director a person can save up to 19,260 USD per month or 231,124 USD yearly. Values are pre-tax.
NOTE: These values are estimates and are averaged for the whole country. Furthermore the value is likely exaggerated as no other expenses are taken into account in the projection. Unessential expenses are very subjective and are difficult to assess. Most likely the previously estimated number is significantly lower for majority of people. Expenses in different cities across the country may vary. Above values accuracy is low and is based on limited set of data obtained.
For more information regarding expenses in Luxembourg, see costs of living in Luxembourg.
Salary comparison to region and neighbouring coutries
Country's neighbours are: Belgium, Germany, France. To make it easier for comparison a conversion from local currency to USD has been made (conversion rates may vary).Estimated Yearly Salary for Managing Director
Belgium is 146,190 USD
Germany is 160,780 USD
France is 138,572 USD Last revision of data: 2025-01-04Salary increase per years of experience
Based on data available the salary increase per years of experience is as following- 0 years (beginner) equals base salary
- 1 to 5 years of experience yields
+12% salary increase- 6 to 10 years of experience yields
+25% salary increase- 11 to 15 years of experience yields
+16% salary increase- 16 to 25 years of experience yields
+9% salary increase- more than 25 years of experience yields
+10% salary increaseTop 10 highest salaries in Luxembourg
(950,355 EUR per year, pre-tax.)
2. Cardiologist
(794,587 EUR per year, pre-tax.)
(765,939 EUR per year, pre-tax.)
4. Neurosurgeon
(742,355 EUR per year, pre-tax.)
(740,744 EUR per year, pre-tax.)
(724,806 EUR per year, pre-tax.)
7. Urologist
(723,841 EUR per year, pre-tax.)
8. Oncologist
(722,852 EUR per year, pre-tax.)
(722,418 EUR per year, pre-tax.)
(722,178 EUR per year, pre-tax.)
Data as of 2025Random salary:
Academic instructor (77,538 EUR per year, pre-tax.)
Assistant production editor (58,094 EUR per year, pre-tax.)
Coldfusion developer (101,931 EUR per year, pre-tax.)
Quality control microbiologist (75,523 EUR per year, pre-tax.)
Underwriter specialist (134,447 EUR per year, pre-tax.)
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